Carnival Cuts 2019 Profit on Cuba Travel Ban, Weak Europe Demand

June 20 (Reuters) - Carnival Corp cut its profit forecast for the year on Thursday, anticipating a hit from the Trump administration's sudden ban on cruises to Cuba and weakening demand in Europe over political uncertainty, sending its shares down over 7%. The company's profit warning also dragged down Carnival's rivals, Norwegian Cruise Line Holdings Ltd and Royal Caribbean … [Read more...]

Violent Brawl Breaks Out Aboard Carnival Cruise Ship in Australia

A 3-day Australian cruise aboard a Carnival cruise ship turned into a trip from hell for some as an unruly group allegedly spent two days terrorizing other passengers on board, culminating in a violent brawl with ship security. Police in New South Wales say they are investigating the alleged fight aboard the Carnival Legend, which occurred just after midnight on February 16 … [Read more...]

Cruise Stocks Sink Ahead Of Irma

By Christopher Palmeri (Bloomberg) Carnival, Royal Caribbean, and Norwegian Cruise Line all tumbled in Tuesday trading as Hurricane Irma threatened to do to the hub of the cruise industry what Harvey did to the nation’s oil and gas capital last week. Hurricane Irma, a Category 5 storm, is on a path that could take it through the heart of the Caribbean, bringing winds of as … [Read more...]